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>As soon as they aren't cheaper - the market will shift. or there wouldn't be any market anymore. It is also possible that they will be cheaper for centuries t
by VladRussian 16y ago
>As soon as they aren't cheaper - the market will shift.
or there wouldn't be any market anymore. It is also possible that they will be cheaper for centuries to come - the amount of coal and oil reachable in the next 50-100 years just isn't known. And the higher the price, the less demand, thus the less the price - the free-market behavior which has kept the price of oil pretty stable since WWII. Instead of flying cars [more fuel consumption] people of San Francisco are biking. As a result we have civilization developed into Facebook instead of homes on Mars [the last statement is (C) of another HN commenter]
It is plain stupid for the human race to sit and wait until the price of oil will go up instead of stimulating development of new technologies [some of which can carry us at least to closest planets].